Let's begin with some definitions:leanFIRE: Retiring on just enough to exist. You may have to:eat dog foodlive in a musty basementkeep the thermostat at 55 in the dead of winterBut you don't have to work.fatFIRE: Retiring with way more than you need. You can:go to Taco Bell every night for dinner (skip the $.99 menu and go for the big-ticket items!)enjoy … [Read more...] about When leanFIRE Goes To fatFIRE: Lifestyles Of The Dirty And Smelly
financial independence
Backup Plans For Backup Plans
The world has become a strange, foreign place; unlike the one I'm accustomed to. I was at the grocery store a couple of days ago and it was packed. There was a line of people that ran the length of the store. The shoppers were waiting to get to the dairy section which was empty.Yesterday, I took a walk to Main Street which is usually a thriving place on weekends. Stores … [Read more...] about Backup Plans For Backup Plans
10 Questions With The Fioneers
Today's edition of 10 Questions features The Jessica and Cory, otherwise known as The Fioneers! These two have a lot of wisdom, but this line really spoke to me:We believe that the journey to financial independence should be as remarkable as the destination.#truth #yes #hellyesWishing your days away in favor of a future that you perceive will be better is unhealthy. … [Read more...] about 10 Questions With The Fioneers
The Problem With FIRE
FIRE stands for Financial Independence/Early Retirement. I love the first part: Financial Independence I hate the second: Early Retirement It took me a while to figure out why, but I understand now. Before I get into that, let's talk about a fundamental problem with the FIRE movement. The Problem With FIRE You're not going to get to a place of financial independence sitting on … [Read more...] about The Problem With FIRE
Turn Off On Country Route FI
Ask the Readers will return next week. I have to get this one off my keyboard...When you read the words Open Road, your mind's eye probably shows you a picture of an epic road-trip. Perhaps a vacation to a National Park like Yellowstone or Yosemite (my personal favorite). I love road-trips, but that's not the open road that I'm referring to today.I'm referring to the … [Read more...] about Turn Off On Country Route FI